Europe Gasoline/Naphtha-Gasoline margins fall further on high stocks

LONDON, Jan 10 (Reuters) - Northwest European gasoline refining profit margins declined further on Friday, losing about 70 cents to reach $5 a barrel, pressured by record regional stock levels.

• About 10,000 metric tons of Eurobob E5 barges traded in the Argus window as Shell and BP sold to Gunvor and Mabanaft.

• A further 12,000 tons of E10 gasoline traded. TotalEnergies, BP and ExxonMobil sold to Varo and Mabanaft.

• No cargo trades concluded in the window despite a flurry of bid and offer activity.

• ARA gasoline stocks rose by 8.5% in the week to Jan. 9 to 1.53 million tons, the highest level on record.

• Weaker exports helped prop up gasoline stocks, as shipments on the transatlantic route to the U.S. slowed, Insight Global's Lars van Wageningen said.

• EU-27 and UK gasoline exports reached 923,000 barrels per day in December, Kpler data showed, down from 1.17 million bpd in November. Kpler pegs January exports at 634,000 bpd.

• A 151,000 bpd crude unit at the Izmir oil refinery operated by Turkey's Tupras is expected to restart in early February after a shutdown because of a fire on Nov. 25, industry monitor IIR said.

• U.S. President Joe Biden's administration imposed its broadest package of sanctions so far targeting Russia's oil and gas revenues on Friday, in an effort to give Kyiv and Donald Trump's incoming team leverage to reach a deal for peace in Ukraine.

(Reporting by Ahmad Ghaddar)

((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))